3 years ago

3. Find the length of time in years, given the principal of $4,800; interest rate

Mathematics

1 answer:

allsm [11]3 years ago

4 0

Answer:

2.5 years

Step-by-step explanation:

Formula for simple interest:

t = I / Pr

t = length of time

I = simple interest

P = initial amount

r = interest rate

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